In October 2016, State of Place has been selected as a semi-finalist in "Smart City Category" to present at MIPIM & Metaprop PROPTECH Summit, the signature event of the New York City Real Estate Tech Week 2016. We talked about walkability and ways of making cities smarter and better places to live.
Event: http://www.metaprop.org/events/2016/9/26/new-york-city-real-estate-tech-week-2016-mipim-proptech-summit
NYC Real Estate Tech Week 2016 & MIPIM PROPTECH SUMMIT. Smart City Category
1.
2. 80% 50% 56%
OF MILLENNIALS
WANT WALKABILITY
RATE
WALKABILITY
AS TOP OR
HIGH PRIORITY
OF CAPITAL IN
TOP 5 VENTURE
CAPITAL MARKETS
WENT TO
WALKABLE
PLACES
3. 141
AVERAGE WALKSCORE OF
US CITIES
WITH POPULATIONS
OVER 200K
OUT OF 100
51%
79%
2004 2015
Walkability
Demand
4.
5. MAKE THE CASE FOR GREAT PLACES
WE HELP CITIES USE DATA & ANALYTICS TO CREATE,
CHAMPION & DELIVER IRRESISTIBLE PLACES
14. Mariela Alfonzo
Founder & CEO
James Croke
Business Dev.
Michelle Woodhouse
COO
Semrin Aleckson
Customer Dev.
Anna Maikova
Marketing
stateofplace.co
mariela@stateofplace.co
Let us Help you Make the Case for Great Places
Editor's Notes
Show walkable and not walkable neightborhood.
How many of you want to live a walkable neighborhood?
Walkabie means having amenities, such as grocery store or , accessible by foot.
Acute problem:
Broader need:
This is how we do:
Mismatch of demand-supply of walkability. If we could do this? Demand of walkability is higher - this is how much the supply increased (show a supply).
World is urbanizing: We are addressing how cities are designed?
How walkable are the U.S. cities?
Key points of globalizations - Cities.
The world is at 70% of urbanization.
Problem definition
a. Why do users/customers want it???
Increase in demand, show infographics
In a recent survey by Urban Land Institute, 50 percent of people said that walkability is either the top or a high priority in where they would choose to live.
40 percent live in an auto-dependent neighborhood today, while only 10 percent would see themselves in the same type of neighborhood in the future. (APA survey).
Cities get constant opposition communication piece
Idealogically, gut intuition - part of the reason
Supply
People are not using data no inform this decision
Disrupt the way the cities are planned
Getting traction
How cities tackle this mismatch?
If they can afford, then consultants ( high-cost, non-scalable)
If not, then anecdotal evidence, case studies, personal expertise
Today, cities rely on external urban planning, architecture and economic development firms to provide them with urban design and market analysis services. These consulting fees are typically high-cost; the services provided are non-scalable; and existing service providers do not have the technical know-how or innovation needed to provide objective, evidence-based priorities or forecast the economic value-add of proposed projects. Others rely on intuition, local knowledge, personal expertise and bespoke methodologies to make recommendations. Existing solutions to help expediently address the ever-growing demand for walkability are expensive, normative-based, static, and non-scalable. Thanks to the high level of automated analysis and reporting we have developed, we estimate that we now have 5X cost advantage over these solutions. And we have an R+D plan that we believe will allow us to increase this advantage by a further 10X, giving us both a significant competitive advantage and a lucrative commercial opportunity.
Broader need: They rely on case studies and anecdotal evidence.
Convincing the residents.
Walkcore is not a competitor. They are addressing it. First to create a quantifiable way to represent the quality based data. The similar tech, Walkscore, they are not available to quantify what people love about cities.
And why it makes it economic sense to make them better.
Everyone else (including the big names) stinks
Us vs. them
Show the confusion or lack of innovation through market data, understanding of current workflows
and embarrassingly outdated interfaces via screen grabs. This leaves you with an impression that the incumbents are Goliaths waiting for a startup-shaped rock to smack them in the forehead.
My name is Anna, and I represent State of Place. We help cities address the supply-demand mismatch for walkable, livable places by shifting from an opinion-based, expert-driven approach to urban planning and real estate development, to an evidence-based, data-driven one. Address active opposition and passive, legal and financing hurdles. Mechanisms favor car-oriented suburban single-use development. Everything takes longer to be approved. Lack of tools to communicate the lack of walkability.
Acutely, cities and developers know they must deliver walkability and high quality of life to attract talent, firms and tenants. However, cities face resistance from existing residents and internal stakeholders; financial constraints; and difficulty attracting qualified developers or boosting interest in their development opportunities. Smaller cities also lack the internal resources and expertise to properly address the demand for more livable neighborhoods.
22
Bars for 22
Only 1 set
We capture 290 features like curb cuts, street trees, density to And evaluate the built env. To produce an index from 0-100
Empirically known to affect walkability
Software preview - computer
How you can change
New rendering - future masterplan
53
Add west palm beach
It is evolution of technology - 12 years of rigorous research program. We just finished the software this summer and we are currently working on evaluation the feasibility. And integrating visual machine learning addition funding applying for Phase 2 for 750,000 for non-dilutive funding.
Pricing: depends on the
We have a low
Ultimately is to provide the cost-effective solution
Twice lower than typical consultant. We can tap into a large market of small cities
This market is not captured right.
we are just onboarded one new last week. 5 other customers considering joining the program.
A list of 100+ potential. Come talk to us. We